Net Cash Flow Distributions. The Company’s Net Cash Flow will be determined quarterly by the Manager and distributed within forty-five (45) days after the end of each fiscal quarter to the Members as follows: First, to each Member who has made a Member Loan (pro rata on the basis of the relative amounts of the Members’ respective Member Loans) the amount required to repay each Member Loan and all accrued interest thereon in full, payments being applied first to accrued interest and then to principal (provided that any outstanding Additional Member Loan(s) and accrued interest thereon shall be payable to Advancing Member(s) from the Non-Participating Member’s share of Member Loan repayments); and Second, to the Members, in accordance with their respective Percentage Interests (provided that any outstanding Additional Member Loan(s) and accrued interest thereon shall be payable to Advancing Member(s) from the Non-Participating Member(s) allocable share of Net Cash Flow).
Net Cash Flow Distributions. Distributions of Net Cash Flow shall be made to the Partners as follows:
Net Cash Flow Distributions. Net cash flow of the Company may be distributed to the Members. Net cash flow means, for any given fiscal year of the Company, the amount by which the gross cash receipts received by the Company (including, without limitation, receipts from operations, financings, refinancings, insurance recoveries, condemnation awards, and sales, exchanges, transfers, or other dispositions of Property or assets) during the fiscal year exceed the sum of the following amounts: (a) all cash operating expenses paid by the Company during the fiscal year; (b) debt service payments made during the fiscal year on all indebtedness of the Company; (c) payments made during the fiscal year for the maintenance, leasing, repair, replacement, or improvement of assets or Property of the Company; and (d) all amounts allocated during the fiscal year to reserves established by action of the Managers to meet the reasonable working capital, capital improvement, and acquisition requirements of the Company and to reasonable reserves for liabilities or contingencies of the Company that are unknown or are not fixed in amount. 4.2
Net Cash Flow Distributions. The Company’s Net Cash Flow will be determined quarterly by the Manager and distributed within forty-five (45) days after the end of each fiscal quarter to the Members as follows:
Net Cash Flow Distributions. The Company’s Net Cash Flow will be determined quarterly by the Manager and distributed within forty-five (45) days after the end of each fiscal quarter to the Members as follows: First to each Member who has made a Preferred Contribution (pro rata on the basis of the relative amounts of the Members’ respective Preferred Contributions) the amount required to repay each Preferred Contribution and all accrued return thereon in full, payments being applied first to the accrued return and then to the Preferred Contribution (provided that any outstanding Additional Preferred Contribution(s) and accrued return thereon shall be payable to Advancing Member(s) from the Non-Participating Member’s share of Preferred Contribution repayments); and Second to the Members, in accordance with their respective Percentage Interests (provided that any outstanding Additional Preferred Contribution(s) and accrued return thereon shall be payable to Advancing Member(s) from the Non-Participating Member(s)’ allocable share of Net Cash Flow).
Net Cash Flow Distributions. The parties shall use their respective best efforts to cause the amended and restated operating agreement of the Owner Entity executed upon the admission of the Investor Member to distribute Net Cash Flow as follows:
Net Cash Flow Distributions. Subject to Section 6.2, Company Net Cash Flow shall be distributed as follows:
